Danville, California Housing Market Prices

Danville Home Prices and Rent at a Glance

The median home price (often called the average home price), rent costs, affordability metrics, and housing stock characteristics for this housing market.

  • Median home price 220% above the California median
    $2,083,245
  • Median rent 74% above the California median
    $3,537

Housing Market Overview

Metric Danville California Avg US Average
Median Home Price $2,083,245 $650,794 $248,835
Price Trend (Annual %) 17.5% 8.9% 7.5%
Median Gross Rent $3,537 $2,036 $1,407
Rent Trend (Annual %) 5.4% 5.8% 5.1%
Household Income Trend (Annual %) — — —

The median home price in Danville is about 220% higher than in California. Rent is about 74% higher than the California average.

Median Home and Rent Price Trends

Median Home Prices, 2015-2024

Danville
California
United States
Year Danville California United States

Median Rent Prices, 2015-2024

Danville
California
United States
Year Danville California United States

Both home prices and rent are rising in Danville, up about 17.5% and 5.4% a year respectively. Home prices are changing faster.

Median rent in Danville rose about 52.7% between 2015 and 2024, from $2,317 to $3,537. Over the same span, rent in California rose about 62.2%.

Affordability

On average, housing unit costs 10.1 yearly household incomes in Danville.

Buying the median-priced home in Danville costs roughly 49.1 years of rent at the median monthly rate. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Danville. The price-to-rent ratio in California is about 26.6.

Metric Danville California Avg US Average
Median Home Price $2,083,245 $650,794 $248,835
Median Household Income $205,530 $99,161 $80,455
Price-to-Income Ratio 10.1 6.6 3.1

Home Prices vs Income Over Time

Home Prices
Household Income

Between 2015 and 2024, the median home price in Danville rose about 198.6%, while median household income rose about 93.3% between 2009 and 2025 — the home price grew faster than income.

Income Growth vs Housing Cost Growth (Year-over-Year %)

Compare income and housing cost trends.

Household Income Growth %
Housing Cost Growth %
Year Income Growth % Housing Cost Growth % Gap (Cost - Income)

Occupancy & Tenure

Metric Danville California Avg US Average
Homeownership Rate 81.9% 51.7% 58.5%
Rental Rate 15.7% 40.8% 31.2%
Vacancy Rate 2.4% 7.5% 10.2%
Median Tenure (years) 16.0 15.0 15.0
Median Year Moved In 2010 2011 2011

Danville has a homeownership rate of 81.9%, higher than the California average of 51.7%. Its housing vacancy rate is 2.4%, compared with 7.5% in California.

Housing Stock

Metric Danville California Avg US Average
Average Household Size 2.83 people 2.84 people 2.53 people
Median Structure Built Year 1982 1975 1978
Median Number of Rooms 7.2 5.0 5.5

The typical housing unit in Danville was built around 1982. On average, 2.8 people live in a home with about 7.2 rooms, staying for about 16.0 years on average.

Frequently Asked Questions

Common questions about the housing market in Danville, California.

What is the median home price in Danville, California?

The median home price in Danville, California is $2,083,245, higher than the California average of $650,794.

What is the average home price in Danville, California?

The typical home price in Danville, California, reported as the median sale price, is $2,083,245. The median is used instead of a mathematical average because it is not skewed by a small number of very expensive or very cheap homes, so it better reflects what a typical buyer pays.

What is the median rent in Danville, California?

The median gross rent in Danville, California is $3,537 per month, higher than the California average of $2,036.

What was the median gross rent in Danville in 2020?

In 2020, the median gross rent in Danville, California was $2,541 per month.

What is the price-to-rent ratio in Danville, California?

The price-to-rent ratio in Danville, California is about 49.1, meaning it would take roughly 49.1 years of rent payments at the median rent to equal the median home price. That is a relatively high price-to-rent ratio, which tends to favor renting over buying in Danville.

Are home prices or rent rising faster in Danville, California?

Both home prices and rent are rising in Danville, up about 17.5% and 5.4% a year respectively. Home prices are changing faster.

What is the homeownership rate in Danville, California?

81.9% of households in Danville, California own their home, higher than the California average of 51.7%.

What is the vacancy rate in Danville, California?

The housing vacancy rate in Danville, California is 2.4%, lower than the California average of 7.5%.

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